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Tirupur's trade associations urge help from government

Buyers are forcing apparel exporters to give heavy discounts, without any reason. They are even asking for credit time of 6 months which is not possible for us. All this is really disturbing for the industry

Overseas clothing buyers who sourcing from India delays in payment against the order for already shipped products and do not raise the orders further. It added to the worries of clothing producers, who are still struggling to control COVID-19 internationally and locally.

In addition to raising awareness as to how all members of all the trade bodies can be covered from the rapid spread of COVID-19, discussions were held on safety steps. The factories also track the health of all new hires.

All associations requested Finance Minister Nirmala Sitharaman to take action and called for constructive measures. He asked the Minister to take immediate measures such as recommending the banks not to mark the units as NPAs for non-repayment of loans.

Raja M. Shanmugam, President of the Tirupur Exporters Association, stated:“Buyers are forcing apparel exporters to give heavy discounts, without any reason. They are even asking for credit time of 6 months which is not possible for us. All this is really disturbing for the industry.”

Commercial organizations have called for an additional work capital of 25 percent, based on drawing power, for both exports and domestic production, without any collateral or margin income.

Senior members of below-mentioned associations participated in this conference:

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